[PDF.38pz] Risk Theory: The Stochastic Basis of Insurance (Monographs on Statistics and Applied Probability)

Risk Theory: The Stochastic Basis of Insurance (Monographs on Statistics and Applied Probability)

[PDF.cd79] Risk Theory: The Stochastic Basis of Insurance (Monographs on Statistics and Applied Probability)

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 | #8706390 in Books |  2013-01-03 |  2013-01-03 | Original language:English | PDF # 1 |  8.50 x.97 x5.51l,1.09 | File type: PDF | 408 pages

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The theory of risk already has its traditions. A review of its classical results is contained in Bohlmann (1909). This classical theory was associated with life insurance mathematics, and dealt mainly with deviations which were expected to be produced by random fluctua­ tions in individual policies. According to this theory, these deviations are discounted to some initial instant; the square root of the sum of the squares of the capital values calculated in this way ...

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